Business briefing
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Two firms to join watchlist
ALLIED Technologies and Chinasing Investment Holdings will be placed on the Singapore Exchange's watchlist from March 17, after recording pre-tax losses for the three last consecutive financial years. Allied Technologies's market capitalisation as at its last-traded day was about $28.4 million, while Chinasing's was $4.5 million. They have two years to meet the criteria necessary for removal from the watchlist.
Soilbuild unit clinches $39.5m deal
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